good morning everyone it’s it’s an
absolute pleasure to be here today and
speaking to all of you on something that
I’m very passionate about and that
sustainable mobility and we’re the
future of this mobility is going to take
us sustainable mobility is going to be
driven by being electric it’s going to
be driven by big shared it’s going to be
driven by the fact that it’s going to be
autonomous it’s going to be completely
connected and it’s going to be you know
area of driven by renewable energies and
while these some of them seem esoteric
you’ve already got electric vehicles
working today a lot of you probably took
a shared service to come here today
you’ve seen the first signs of
autonomous driving globally happening
with Google and others today with your
smartphone even connect your car’s
already in many in main directions and
renewable energy today in India is
available at 4 rupees 50 fast sighs
cheaper than probably regular power as
you look at it on the structure so it’s
not a figment of imagination is really
here something that we can do and work
towards electrics have made a lot of
strike you know in the last few years I
mean it used to take approximately era
of the charger vehicle today these
vehicles can be charged in in probably
an hour and with fast charging they can
drive today over 500 kilometers of range
on a single charge
these are production vehicles available
today that you can buy so it’s not that
it’s that it’s a way on on a different
paradigm if the single head is going to
go on the future you’re going to see
another big shift batteries can – going
from one hour to be charging probably
less than eight minutes in fact today
you can charge batteries of some types
in less than 10 minutes to 80% charge so
it’s in the next 10 years to get it down
to under 10 minutes is not going to be a
problem on this area performances of
batteries are going up around 8% Jaromir
prices are coming down 8% year and here
so therefore the cost structures of
these batteries are going
behalf of this where we stand the future
and you’re gonna start to see ranges
that are significantly larger and what
this means is that range anxiety which
is always seen as a big challenge for
electric vehicles is probably going to
completely disappear and and and it’s
been we know more question about how far
you can go anymore
on this front but more importantly than
this it’s about to see what does this
transform the solution I think
technology is great or when technology
marries business models is when I think
you see the largest transformation
potential that you can see on this area
and that’s where I think the future
holds as we take this forward so if I
think of electric cars today we’re
taking a step back even regular vehicles
what’s happening today is with with
improvements in aerodynamics and
reduction in weight by using composites
for a reduction growing resistance the
energy used to transport vehicles are
gonna reduce by around 10 person that’s
gonna lower a cost so we started by X we
end up at 0.9 X right on top of that if
you then take an electric vehicle
electric machine is around in 90%
efficient the gasoline engine is around
25 percent efficient so three to four
times more efficiency gets you another
20% reduction in terms of what the
energy requirements would be in terms of
cost structures you couple this with a
solar talk we just had about whether the
cost structures are you get a further
10% reduction on cost structures as you
take this forward we then looked at
shared mobility right now in shared
mobility basically what happens is is
you’re trying to use the same asset over
a large higher duty cycle and so for
example if you use a car share one car
can replace ten vehicles so if you’re
going to share a mobility service be a
ride share car share Ola and uber or
anything else you’re going to start to
see another 20% reduction because of
optimization of an asset use that
utilization that you’re going to have if
you then take and make it autonomous
where you now remove a large portion of
the cost of such a solution which is
driver you start to see another 30%
reduction on this area and then you add
connectivity to the
entire equation you start to see another
10% reduction and hereby connectivity I
mean more than Network effect you know
let’s take white field suburb of
Bangalore 50,000 people want to go in
the morning you know with all your apps
you know when you’re going where you’re
going so in real time if I can
extrapolate this whole aspect and see
how it optimize a transport solution I
will probably get a 10% reduction on
this area what does this mean for all of
us it means a transformation how we get
from point A to point B it’s gonna
probably cost us 70% less to get from
point A to point B with all the
efficiencies in transportation all the
efficiency in autonomous vehicles the
efficiencies in the connectivity you’re
probably going to need a significant
amount of energy probably 75% less
energy to transport a person from point
A to point B now that to me is the
future
it’s about getting from point A to point
B much more much faster and quicker
using a lot less energy on this area and
doing it in a clean and sustainable
manner as we think of this so let’s take
the context today of India and we import
any percent of our oil right now we have
a large rain on that we are a developing
economy we’re not growing at one or two
percent we have aspirations to grow at 8
or 10 percent if we’re going to grow at
8 to 10 percent we’re gonna need energy
I probably that level if not higher for
us to have a sustainable growth on this
area and this open causes a conflict in
developing nations as you can think
about it
where climate change and energy security
pose two challenges for us as we look at
this area on top of that we have today
over 200 million big role where vehicles
on our road this is two wheelers really
less cars buses all put together and in
an annual basis we grow 10% you’re only
on the other side we seem to have some
idle conditions for electric vehicles
our distances are much smaller our
vehicles and generally are much smaller
we have a lot of stop-and-go which means
a lot
operational energy can come and these
three factors end up making electric
mobility more affordable both from a
purchase point of view and running cost
point if you compare to some countries
in the West which may not have these
same conditions so it’s really ideal
from an electric mobility perspective
but then to link to the energy side of
it we also have or 300 days of sunshine
in the country and and that works very
well for us to see in terms of where we
can do and use solar energy as a big
driver in this in our entire ecosystem
so starting from this to me there’s an
opportunity for us as a country to
really run on the Sun and and there are
strides being made in terms of where
renewable energy is going in this space
so in India by 2022 we’re going to
probably have around 100 mega gigawatts
of solar energy that we could look at
this area interestingly enough and they
would have around 30 million vehicles
produce that year in 2022 the way it’s
growing now only 25 percent of this
energy could probably power all those
vehicles that were produced in 2022 or
the solar energy that we would have by
then that’s pretty phenomenal in terms
of the amount of energy required but
let’s step in the future and say where
where are we going to be by 2030 well by
2030 India is going to have
approximately 400 million vehicles on
its roads these are all kind of
transportation put together we are
pretty aspirational ideas in terms of
renewable energy also where we’re really
trying to push both solar wind in other
areas of renewable energy and look at
probably around 300 gigawatts of you
know renewable energy by that time now
if we start to think that some of these
vehicles we talked about are shared and
autonomous and probably this 400 million
vehicles we will come down to around 320
and that’s very important because you
know manual traffic’s not getting better
or neither is anywhere in the country or
the world and so that’s going an
important aspect and then if you look at
the energy to power that we’re gonna
need on tour and 60 gigawatts of energy
for that area of solar energy and that’s
within the renewable targets that we can
see by 2030 now taking this from an
India context going back to Rajasthan
which is probably one of our sunniest
states in the country and has a large
amount of desert and open land on this
area if we were to take 5.5 percent of
the land in Rajasthan cover that with
solar panels there’s just a little bit
of speck of a dot that you see there
right we be able to have enough power
for all our vehicles in 2013 to run on
the Sun on this area so we can make a
phenomenal shift as we think of how we
can look at it within the perspective of
energy and mobility
well this is at a national level solar
also has a chance to be used in in
vehicle application today the best cells
are approximately twenty four percent
efficient costs are coming down to less
than a dollar a watt and in some cases
probably 40 to 50 cents of what in which
case are taking examples of two types of
transportations we see around our cities
very often we look at at auto rickshaws
and we look at buses that are being used
here if today these has solar panels on
them while they may not be able to give
you the complete energy they use every
day over a 10-year period a hundred two
hundred five thousand kilometers could
be completely run on solar power even
today with the technology that’s
available interestingly enough compared
to a nice equivalent this is gonna mean
eight times cheaper and a significantly
lower playback now if we took this
technology it just bumped it 20% better
20% more efficient no issues at all if
we look at the fact that the real costs
are coming on extrapolated probably cell
costs are going to be around 50% of
where they are what does that mean for
something similar to this it starts to
even create more transformational change
we’re probably or 15 times cheaper and
payback of such technologies could be
less than a year in doing this area and
that’s when I start to see a
transformational change at an individual
level now if you’re thinking that I have
personal transportation and how do I
start to make an
on this whole area well an average
person in India drivers on 12,000
kilometers a year so a 2 meter by 3
meter panel can probably cover that
distance for you and interestingly
enough have a payback of less than 2
years putting the same thought processes
on Sora technology of in terms of
improvements and efficiency in terms of
reductions of costs that we look at and
then over time this can probably have a
clearer back of less than one year so
it’s no more about being green power but
it’s actually being a cost-effective
solution that everyone can adopt and if
every house will did that then they can
run on the Sun themselves irrespective
of how we see the countries larger
objectives are moving in that direction
over here
a key challenge to just two energy and
solar energy of course comes with
storage everyone says well you know
solar energy is going to have Peaks
where the hell are you gonna store this
area so I think the storage part becomes
very important as you look at it but I
want to twist the storage into thinking
of storage that could be democratized
storage that can be seen as being
flexible on this area so to give you an
idea of energy density of batteries
around 250 watt hours per kg they’re
going to be going up again or an 8%
year-round here let’s take an example
which Laurel in this room have probably
come today is on your two wheelers here
right probably do 50 kilometers a day
using such technology a small 10
kilogram packed lighter than your
backpack that you can lift off size of a
loaf of bread could probably swap your
batteries and give you hundred
kilometers of range in two minutes
possible today with the battery
technology on this area as you think of
this nology going in the future
and the way it’s growing you’re going to
start to see energy densities hitting
500 watt are speaking of kilogram and
this is without I would say fundamental
shifts there are some really holy grails
that could make this 750 or 1000 watt
hour per kg but 500 is definitely
achievable if we take a part of the next
10 years or where we want to look at
technology taking the same thing that
you had all of a sudden you could
probably have over 200 kilometers range
with a small little back maybe last you
almost a week and then needs a switch
off within a couple of minutes this with
the energy density is going up so much
all of a sudden this can be adopted to
all forms of transportation because then
the immigrant becomes also much lighter
and cheaper it starts to be trans very
transformational in what we can look at
this area so if I start a think of now
we look the vehicles and we looked at
energy solar middle energy how does all
of this kit together well the large
portion is is linking with a grid now
grid to vehicle is very common where
vehicles come solar energy uses it
charges the battery that’s great that’s
we talked a lot about it and that’s our
problem or ever there’s an opportunity
to look at the other way around
where vehicles can look at powering the
grid back and really optimizing the flow
of energy over the whole day because
solar has a lot of peaks when you think
about it there are generally peak during
the day and less energy the zero energy
at night and rate minimum energy in the
in the in the early mornings or late
evenings of this area interestingly
enough vehicles have been used a lot in
the morning and evenings which
shareability some more during the day
but in general you have a vehicle usage
that’s speaking on this areas you also
have an energy usage that speaking at
those points of time because in the
morning when you’re leaving for home
there’s an overlap between industrial
and commercial and and housing and the
same thing in the evening residential
and and up and commercial applications
overlap and so you have an AR knob tree
to look at this energy being gone in but
also coming back when you need a peak
area will match the fact that if we
needed three hundred four million
electric vehicles by 2030 let’s assume
to honor of them our grid compatible on
this area or the battery swapping
enables you to separate the usage of
batteries and the storage of batteries
and charging a batteries independent of
time and therefore allows you to
leverage this aspect on this area and
25% is 200 million vehicles were capable
of being connected the grid a particular
time at 100 gigawatts of power that’s
huge
that can you know transform area cities
and as we look at it and so what happens
is instead as it go to renewables it’s
going to be very essential to integrate
it with mobility because then the
investments on storage potentially
completely go away because you have two
forms of connectivity you have
connectivity in terms of the grid and
energy and you’ve connected with in
terms of mobile devices and the
combination of the two enables you to
have a free ecosystem of energy by
looking at swapping situations you can
also democratize the use of energy and
further add another extremely powerful
part to the entire equation as you think
of it I think sustainable mobility to
you in India that really takes off is
when the cost structures come down if
costs at 20% higher markets are pretty
much zero in a country like India it
costs a neutral there’s some market but
it cost you up to 20% lower you see
transformational change and what we have
with the cost of electric vehicles
coming down batteries coming down if
they have the cost structure
significantly being lower we already
talked about solar energy cost
structures and they’re coming down
renewable energies a lot cheaper today
as we think of it here in terms of cost
structures if we think of the solutions
related optimization both of assets to
shared mobility and then we take the
thing of energy where people can
actually buy and sell energy and make
money on it in the middle of the night
or at a peak demand perspective to look
at it you’re really optimizing all our
resources across this area as we think
of it right and so I think what was
definitely a challenge for us in terms
of our 8% growth rate as a country we
can transform into an opportunity a true
opportunity to run on the Sun by 2030
all our transportation
requirements here so just to sob I think
we talked about electric shared
autonomous connected and barred revenue
with energy as as where we see
sustainability heading for of these the
electric shared connected and renewable
energy exists today are available
autonomous is just started you’re gonna
see by 2020 pilots probably running
locally and by 2025 a reason amount of
penetration India may be little longer
given our unique traffic conditions and
challenges that we have but probably the
most beneficial constrains the accidents
and issues that we also see but
considering where we are today in this
this is not really where the future is
the future is today something that we
can have and make happen right well
thank you so much
you [Applause]
absolute pleasure to be here today and
speaking to all of you on something that
I’m very passionate about and that
sustainable mobility and we’re the
future of this mobility is going to take
us sustainable mobility is going to be
driven by being electric it’s going to
be driven by big shared it’s going to be
driven by the fact that it’s going to be
autonomous it’s going to be completely
connected and it’s going to be you know
area of driven by renewable energies and
while these some of them seem esoteric
you’ve already got electric vehicles
working today a lot of you probably took
a shared service to come here today
you’ve seen the first signs of
autonomous driving globally happening
with Google and others today with your
smartphone even connect your car’s
already in many in main directions and
renewable energy today in India is
available at 4 rupees 50 fast sighs
cheaper than probably regular power as
you look at it on the structure so it’s
not a figment of imagination is really
here something that we can do and work
towards electrics have made a lot of
strike you know in the last few years I
mean it used to take approximately era
of the charger vehicle today these
vehicles can be charged in in probably
an hour and with fast charging they can
drive today over 500 kilometers of range
on a single charge
these are production vehicles available
today that you can buy so it’s not that
it’s that it’s a way on on a different
paradigm if the single head is going to
go on the future you’re going to see
another big shift batteries can – going
from one hour to be charging probably
less than eight minutes in fact today
you can charge batteries of some types
in less than 10 minutes to 80% charge so
it’s in the next 10 years to get it down
to under 10 minutes is not going to be a
problem on this area performances of
batteries are going up around 8% Jaromir
prices are coming down 8% year and here
so therefore the cost structures of
these batteries are going
behalf of this where we stand the future
and you’re gonna start to see ranges
that are significantly larger and what
this means is that range anxiety which
is always seen as a big challenge for
electric vehicles is probably going to
completely disappear and and and it’s
been we know more question about how far
you can go anymore
on this front but more importantly than
this it’s about to see what does this
transform the solution I think
technology is great or when technology
marries business models is when I think
you see the largest transformation
potential that you can see on this area
and that’s where I think the future
holds as we take this forward so if I
think of electric cars today we’re
taking a step back even regular vehicles
what’s happening today is with with
improvements in aerodynamics and
reduction in weight by using composites
for a reduction growing resistance the
energy used to transport vehicles are
gonna reduce by around 10 person that’s
gonna lower a cost so we started by X we
end up at 0.9 X right on top of that if
you then take an electric vehicle
electric machine is around in 90%
efficient the gasoline engine is around
25 percent efficient so three to four
times more efficiency gets you another
20% reduction in terms of what the
energy requirements would be in terms of
cost structures you couple this with a
solar talk we just had about whether the
cost structures are you get a further
10% reduction on cost structures as you
take this forward we then looked at
shared mobility right now in shared
mobility basically what happens is is
you’re trying to use the same asset over
a large higher duty cycle and so for
example if you use a car share one car
can replace ten vehicles so if you’re
going to share a mobility service be a
ride share car share Ola and uber or
anything else you’re going to start to
see another 20% reduction because of
optimization of an asset use that
utilization that you’re going to have if
you then take and make it autonomous
where you now remove a large portion of
the cost of such a solution which is
driver you start to see another 30%
reduction on this area and then you add
connectivity to the
entire equation you start to see another
10% reduction and hereby connectivity I
mean more than Network effect you know
let’s take white field suburb of
Bangalore 50,000 people want to go in
the morning you know with all your apps
you know when you’re going where you’re
going so in real time if I can
extrapolate this whole aspect and see
how it optimize a transport solution I
will probably get a 10% reduction on
this area what does this mean for all of
us it means a transformation how we get
from point A to point B it’s gonna
probably cost us 70% less to get from
point A to point B with all the
efficiencies in transportation all the
efficiency in autonomous vehicles the
efficiencies in the connectivity you’re
probably going to need a significant
amount of energy probably 75% less
energy to transport a person from point
A to point B now that to me is the
future
it’s about getting from point A to point
B much more much faster and quicker
using a lot less energy on this area and
doing it in a clean and sustainable
manner as we think of this so let’s take
the context today of India and we import
any percent of our oil right now we have
a large rain on that we are a developing
economy we’re not growing at one or two
percent we have aspirations to grow at 8
or 10 percent if we’re going to grow at
8 to 10 percent we’re gonna need energy
I probably that level if not higher for
us to have a sustainable growth on this
area and this open causes a conflict in
developing nations as you can think
about it
where climate change and energy security
pose two challenges for us as we look at
this area on top of that we have today
over 200 million big role where vehicles
on our road this is two wheelers really
less cars buses all put together and in
an annual basis we grow 10% you’re only
on the other side we seem to have some
idle conditions for electric vehicles
our distances are much smaller our
vehicles and generally are much smaller
we have a lot of stop-and-go which means
a lot
operational energy can come and these
three factors end up making electric
mobility more affordable both from a
purchase point of view and running cost
point if you compare to some countries
in the West which may not have these
same conditions so it’s really ideal
from an electric mobility perspective
but then to link to the energy side of
it we also have or 300 days of sunshine
in the country and and that works very
well for us to see in terms of where we
can do and use solar energy as a big
driver in this in our entire ecosystem
so starting from this to me there’s an
opportunity for us as a country to
really run on the Sun and and there are
strides being made in terms of where
renewable energy is going in this space
so in India by 2022 we’re going to
probably have around 100 mega gigawatts
of solar energy that we could look at
this area interestingly enough and they
would have around 30 million vehicles
produce that year in 2022 the way it’s
growing now only 25 percent of this
energy could probably power all those
vehicles that were produced in 2022 or
the solar energy that we would have by
then that’s pretty phenomenal in terms
of the amount of energy required but
let’s step in the future and say where
where are we going to be by 2030 well by
2030 India is going to have
approximately 400 million vehicles on
its roads these are all kind of
transportation put together we are
pretty aspirational ideas in terms of
renewable energy also where we’re really
trying to push both solar wind in other
areas of renewable energy and look at
probably around 300 gigawatts of you
know renewable energy by that time now
if we start to think that some of these
vehicles we talked about are shared and
autonomous and probably this 400 million
vehicles we will come down to around 320
and that’s very important because you
know manual traffic’s not getting better
or neither is anywhere in the country or
the world and so that’s going an
important aspect and then if you look at
the energy to power that we’re gonna
need on tour and 60 gigawatts of energy
for that area of solar energy and that’s
within the renewable targets that we can
see by 2030 now taking this from an
India context going back to Rajasthan
which is probably one of our sunniest
states in the country and has a large
amount of desert and open land on this
area if we were to take 5.5 percent of
the land in Rajasthan cover that with
solar panels there’s just a little bit
of speck of a dot that you see there
right we be able to have enough power
for all our vehicles in 2013 to run on
the Sun on this area so we can make a
phenomenal shift as we think of how we
can look at it within the perspective of
energy and mobility
well this is at a national level solar
also has a chance to be used in in
vehicle application today the best cells
are approximately twenty four percent
efficient costs are coming down to less
than a dollar a watt and in some cases
probably 40 to 50 cents of what in which
case are taking examples of two types of
transportations we see around our cities
very often we look at at auto rickshaws
and we look at buses that are being used
here if today these has solar panels on
them while they may not be able to give
you the complete energy they use every
day over a 10-year period a hundred two
hundred five thousand kilometers could
be completely run on solar power even
today with the technology that’s
available interestingly enough compared
to a nice equivalent this is gonna mean
eight times cheaper and a significantly
lower playback now if we took this
technology it just bumped it 20% better
20% more efficient no issues at all if
we look at the fact that the real costs
are coming on extrapolated probably cell
costs are going to be around 50% of
where they are what does that mean for
something similar to this it starts to
even create more transformational change
we’re probably or 15 times cheaper and
payback of such technologies could be
less than a year in doing this area and
that’s when I start to see a
transformational change at an individual
level now if you’re thinking that I have
personal transportation and how do I
start to make an
on this whole area well an average
person in India drivers on 12,000
kilometers a year so a 2 meter by 3
meter panel can probably cover that
distance for you and interestingly
enough have a payback of less than 2
years putting the same thought processes
on Sora technology of in terms of
improvements and efficiency in terms of
reductions of costs that we look at and
then over time this can probably have a
clearer back of less than one year so
it’s no more about being green power but
it’s actually being a cost-effective
solution that everyone can adopt and if
every house will did that then they can
run on the Sun themselves irrespective
of how we see the countries larger
objectives are moving in that direction
over here
a key challenge to just two energy and
solar energy of course comes with
storage everyone says well you know
solar energy is going to have Peaks
where the hell are you gonna store this
area so I think the storage part becomes
very important as you look at it but I
want to twist the storage into thinking
of storage that could be democratized
storage that can be seen as being
flexible on this area so to give you an
idea of energy density of batteries
around 250 watt hours per kg they’re
going to be going up again or an 8%
year-round here let’s take an example
which Laurel in this room have probably
come today is on your two wheelers here
right probably do 50 kilometers a day
using such technology a small 10
kilogram packed lighter than your
backpack that you can lift off size of a
loaf of bread could probably swap your
batteries and give you hundred
kilometers of range in two minutes
possible today with the battery
technology on this area as you think of
this nology going in the future
and the way it’s growing you’re going to
start to see energy densities hitting
500 watt are speaking of kilogram and
this is without I would say fundamental
shifts there are some really holy grails
that could make this 750 or 1000 watt
hour per kg but 500 is definitely
achievable if we take a part of the next
10 years or where we want to look at
technology taking the same thing that
you had all of a sudden you could
probably have over 200 kilometers range
with a small little back maybe last you
almost a week and then needs a switch
off within a couple of minutes this with
the energy density is going up so much
all of a sudden this can be adopted to
all forms of transportation because then
the immigrant becomes also much lighter
and cheaper it starts to be trans very
transformational in what we can look at
this area so if I start a think of now
we look the vehicles and we looked at
energy solar middle energy how does all
of this kit together well the large
portion is is linking with a grid now
grid to vehicle is very common where
vehicles come solar energy uses it
charges the battery that’s great that’s
we talked a lot about it and that’s our
problem or ever there’s an opportunity
to look at the other way around
where vehicles can look at powering the
grid back and really optimizing the flow
of energy over the whole day because
solar has a lot of peaks when you think
about it there are generally peak during
the day and less energy the zero energy
at night and rate minimum energy in the
in the in the early mornings or late
evenings of this area interestingly
enough vehicles have been used a lot in
the morning and evenings which
shareability some more during the day
but in general you have a vehicle usage
that’s speaking on this areas you also
have an energy usage that speaking at
those points of time because in the
morning when you’re leaving for home
there’s an overlap between industrial
and commercial and and housing and the
same thing in the evening residential
and and up and commercial applications
overlap and so you have an AR knob tree
to look at this energy being gone in but
also coming back when you need a peak
area will match the fact that if we
needed three hundred four million
electric vehicles by 2030 let’s assume
to honor of them our grid compatible on
this area or the battery swapping
enables you to separate the usage of
batteries and the storage of batteries
and charging a batteries independent of
time and therefore allows you to
leverage this aspect on this area and
25% is 200 million vehicles were capable
of being connected the grid a particular
time at 100 gigawatts of power that’s
huge
that can you know transform area cities
and as we look at it and so what happens
is instead as it go to renewables it’s
going to be very essential to integrate
it with mobility because then the
investments on storage potentially
completely go away because you have two
forms of connectivity you have
connectivity in terms of the grid and
energy and you’ve connected with in
terms of mobile devices and the
combination of the two enables you to
have a free ecosystem of energy by
looking at swapping situations you can
also democratize the use of energy and
further add another extremely powerful
part to the entire equation as you think
of it I think sustainable mobility to
you in India that really takes off is
when the cost structures come down if
costs at 20% higher markets are pretty
much zero in a country like India it
costs a neutral there’s some market but
it cost you up to 20% lower you see
transformational change and what we have
with the cost of electric vehicles
coming down batteries coming down if
they have the cost structure
significantly being lower we already
talked about solar energy cost
structures and they’re coming down
renewable energies a lot cheaper today
as we think of it here in terms of cost
structures if we think of the solutions
related optimization both of assets to
shared mobility and then we take the
thing of energy where people can
actually buy and sell energy and make
money on it in the middle of the night
or at a peak demand perspective to look
at it you’re really optimizing all our
resources across this area as we think
of it right and so I think what was
definitely a challenge for us in terms
of our 8% growth rate as a country we
can transform into an opportunity a true
opportunity to run on the Sun by 2030
all our transportation
requirements here so just to sob I think
we talked about electric shared
autonomous connected and barred revenue
with energy as as where we see
sustainability heading for of these the
electric shared connected and renewable
energy exists today are available
autonomous is just started you’re gonna
see by 2020 pilots probably running
locally and by 2025 a reason amount of
penetration India may be little longer
given our unique traffic conditions and
challenges that we have but probably the
most beneficial constrains the accidents
and issues that we also see but
considering where we are today in this
this is not really where the future is
the future is today something that we
can have and make happen right well
thank you so much
you [Applause]
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